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Sep 26, 2012
09/12
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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Sep 25, 2012
09/12
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CURRENT
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the deficit is coming to eat your grandchildren, but that's okay. because we should still be going to the moon to keep the chinese from being space station there. they are going to build a toy store there. and mitt romney is going to send all the work there. he is a remarkable guy, he is very capable of sending your job to china and making his money. >> stephanie: yeah exactly. love your headlines, scott brown will not be bullied by a girl from harvard. the only clips i saw was him bringing up her heritage over and over again. >> i think he's making a little bit of headway -- you know making her explain what she did for asbestos companies. it helped the asbestos workers, but you have to understand bankruptcy law to understand how it did that and you can't make a commercial out of that. the whole you make $350,000 to teach one course -- well he has been to law school. he knows how law schoolworks. >> stephanie: exactly. >> that line of attack is completely dissident from the line he sold to the country for three years. and the whole thing is mom, the
the deficit is coming to eat your grandchildren, but that's okay. because we should still be going to the moon to keep the chinese from being space station there. they are going to build a toy store there. and mitt romney is going to send all the work there. he is a remarkable guy, he is very capable of sending your job to china and making his money. >> stephanie: yeah exactly. love your headlines, scott brown will not be bullied by a girl from harvard. the only clips i saw was him...
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is still part of what was owed deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually oh this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hoists as one m.p.'s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to a peace and ended in violence of police pushing back the protesters of being hit by battens having from a bullet fired in their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for some o
is still part of what was owed deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually oh this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hoists as one m.p.'s dubbed it is a crisis on top of a crisis as...
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issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> mitt romney and i based on our experience think the best way to do this is to show the framework, show the outlines of these plans
issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >>...
WHUT (Howard University Television)
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Sep 27, 2012
09/12
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WHUT
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for a country, virtue is to have your balance of payments, if anything, in surplus, not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front burner perhaps not led to, you know, the end of the euro zone, as some people feared, certainly the membership in part of the euro zone, but may very well have given some momentum to monetary and fiscal and even political union? >> definitely. definitely. the man who found-- founded the concept of the european union in the late 40s and 50s, john monet. >> rose: a frenchman. >> said that the integration of europe will grow through crisis. and he was very right. also in that respect. because you see, when we have a serious crisis like undoubtedly the euro zone crise has been, you either accept the distraction
for a country, virtue is to have your balance of payments, if anything, in surplus, not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front...
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Sep 28, 2012
09/12
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WRC
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that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current seniors or for those that are nearing retirement. so the plan stays exactly same. >> pelley: make sure i understand. the idea under your plan for future seniors would be that the federal government would write that senior a check, essentially and say "now, you can go buy a private insurance plan or you can buy medicare from the federal government"? >> s that essentially it? >> that's essentially it. people would have a choice of either traditional government-run fee-for-service medicare or a private plan which has to offer the same benefits. it can't be skinnyed down. >> pelley: will the check that comes fr
that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current...
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Sep 29, 2012
09/12
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CSPAN
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that only pays for 8% of his proposed deficit spending. overseas, where i come from, that means make superior. we both live near canada. the canadians have this figured out. other countries have this figured out. canadians lowered taxes on businesses to 15%. president obama wants the tax rate on our successful small businesses and job creators above 40%. when we tax our job creators at much higher tax rates than foreign competitors, we went -- we win and they lose. we do not want to tax the small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the government spends. we cannot keep the federal reserve doing what it is doing. we cannot keep looking our children in the eye knowing we're going to give them a diminished future because we are spending their money today. it is a simple idea. mi
that only pays for 8% of his proposed deficit spending. overseas, where i come from, that means make superior. we both live near canada. the canadians have this figured out. other countries have this figured out. canadians lowered taxes on businesses to 15%. president obama wants the tax rate on our successful small businesses and job creators above 40%. when we tax our job creators at much higher tax rates than foreign competitors, we went -- we win and they lose. we do not want to tax the...
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was a stunning comeback last night by the now moscow in the k h l they managed to overturn a two no deficit that passed before claiming victory in a shootout barres had won their previous four games and must have thought that run was going to continue when within the first ten minutes constantine kony is netted and that was followed by a goal from danny sally paul to make it two nil. but the norm is power play has been impressive this season and defensemen maxime so your point to go back before constantine volkov tied it up midway through the second period alexander ovechkin got an assist on that goal and was the first player to school in the shootout with magic of appeal claiming the decisive goal moments later despite the defeat stay top of the eastern conference the number six in the west i now in football holders through to the russia cup they suffered a shock two one defeat to second teesside you need say you go through to the last sixteen and i said the call and i like see the team were on target in the first half of the house as the rubin could only manage a stoppage time consolation
was a stunning comeback last night by the now moscow in the k h l they managed to overturn a two no deficit that passed before claiming victory in a shootout barres had won their previous four games and must have thought that run was going to continue when within the first ten minutes constantine kony is netted and that was followed by a goal from danny sally paul to make it two nil. but the norm is power play has been impressive this season and defensemen maxime so your point to go back before...
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Sep 27, 2012
09/12
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CURRENT
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almost double-digit deficit in ohio. we can probably win -- there is a slight path to victory without winning ohio, there really isn't one i see without winning florida. and though mitt romney is making a play for ohio and is very committed to competing in those two states we're starting to hear rumblings from smart republicans who say maybe they would be better offon pulling from ohio and investing in florida. and then through some combination of these other swing states which you would almost have to run the table pull out a victory in the electoral college, but the math is tough. >> eliot: when you are down that much in swing states it is tough to get the tech tonic plates to move. what would you counsel him? >> i don't think it's about picking and choosing on the map. when you look at the senate races they are falling apart even more for republicans, which i think may be a leading indicator for romney. it doesn't make sense to me that ohio florida, and massachusetts are falling apart on the senate side and yet romney
almost double-digit deficit in ohio. we can probably win -- there is a slight path to victory without winning ohio, there really isn't one i see without winning florida. and though mitt romney is making a play for ohio and is very committed to competing in those two states we're starting to hear rumblings from smart republicans who say maybe they would be better offon pulling from ohio and investing in florida. and then through some combination of these other swing states which you would almost...
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Oct 2, 2012
10/12
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MSNBCW
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attacks do anything to create a job, do anything to educate a child, or do anything to bring down the deficit. but attacks at character assassination make it a lot harder to solve problems, to compromise to sit down and get something done. >> coming from the face of republican obstructionism, how do you respond to that, quickly. >> well, it's an incomprehensible jumble of words. i wasre
attacks do anything to create a job, do anything to educate a child, or do anything to bring down the deficit. but attacks at character assassination make it a lot harder to solve problems, to compromise to sit down and get something done. >> coming from the face of republican obstructionism, how do you respond to that, quickly. >> well, it's an incomprehensible jumble of words. i wasre
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Oct 3, 2012
10/12
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FOXNEWS
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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Oct 2, 2012
10/12
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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Sep 29, 2012
09/12
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CNN
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more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confidence. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretary. two very different problems. one, you don't want to get complacent
more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this...
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Oct 2, 2012
10/12
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see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the country raising money in this senate campaign. >> aliens watching the debate could be forgiven for voting in lock step is a criminal offense. warren accused brown of consistently voting with republican leadership to block jobs bills put forward by the president while brown said compromise was a foreign concept to the ultraliberal warren. with all political events this evening not without its gaffes. >> can you name some republicans in the senate today that you are able to work with on big, substantive issues that the country face this is. >> probably richard lugar would come to mind. >> he'
see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the...
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Sep 29, 2012
09/12
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CNN
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i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t fortitude to help others. and they are so altruistic. i was at the table with the survivors when president obama gave the shoutout. they were blown away and everybody gave him a standing ovation. a very big day for them. they influenced his speech. >> those numbers sure do not add up. thank you for taking the time to share more information about this with us and our viewers. >> thank you. >> to learn more, go to our blog, cnn.com/outfront. >>> you thought the fight over unions was over in michigan, it's kind of quiet. you are dead wrong. [ male announcer ] citi turns 200 this year. in that time ther
i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t...
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s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him peace and ended in violence of police pushing back the protesters were being hit by battens having bullets fired in their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for some of these demonstrations turned more violent as the as a continued. and those inspiring the crowds in spain dubbed the indignados or the fifteenth of may movements named after the day when this series of mass demonstrations in the country started last year and some petro from there were a show on college university who also took part in this week's protests explains how popular the movement actually is among the people you are talking about this sp
s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him peace and ended in violence of police pushing back the protesters were being hit by battens having bullets...
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Sep 30, 2012
09/12
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regarding the debt and the deficit, there is this piece from "the washington post." in the debt crisis, ryan was on the sidelines. there is a " further in the body from a republican senator who set up a " i have never viewed it paul as one who gets into the fray from a negotiating standpoint. i do not mean that he cannot do it. i just mean he has chosen not to." becky is on the phone from michigan. caller: good morning. i was trying to think what year it was when ralph nader ran for president. you and only you as far as i know carried a debate. i think there were three people that were other parties. host: it was 2000. caller: i listened to those -- the ones that were not the mainstream democrats and republicans. even though i may not vote for them, that is not what is important. what is important is that every single one of them had at least one just terrific idea for solving some kind of big problem we have a. -- we have. to have those people up there with the democrats and republicans talking about things that have never been talked about before could get the peop
regarding the debt and the deficit, there is this piece from "the washington post." in the debt crisis, ryan was on the sidelines. there is a " further in the body from a republican senator who set up a " i have never viewed it paul as one who gets into the fray from a negotiating standpoint. i do not mean that he cannot do it. i just mean he has chosen not to." becky is on the phone from michigan. caller: good morning. i was trying to think what year it was when ralph...
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Sep 27, 2012
09/12
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that deficit reduction bill. this summer at the child-care hearing, it made a big difference for parents and providers. let's turn to 1996. the debate was very basic. congress decided to end that child care entitlement at the same time they're ending welfare as we know it. however, advocates joined by governors and congress and the clinton administration, agreed that funds and a doctor was necessary if low income women were facing increased work requirements -- -- in child care was necessary if low-income women ever facing increased work in garments. it was absolutely clear and in that debate that most of the low income women been expected to work or not going to earn enough to pay for child care. this is still true. the battle over quality was eliminated. the governor leading the welfare discussion wanted to completely eliminate minimum standards on the quality set aside. we won bipartisan support to maintain both, but we lost the requirement. there was no meaningful discussion of improvements over those two yea
that deficit reduction bill. this summer at the child-care hearing, it made a big difference for parents and providers. let's turn to 1996. the debate was very basic. congress decided to end that child care entitlement at the same time they're ending welfare as we know it. however, advocates joined by governors and congress and the clinton administration, agreed that funds and a doctor was necessary if low income women were facing increased work requirements -- -- in child care was necessary if...
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Oct 3, 2012
10/12
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FOXNEWS
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it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap and trade moved through they are getting decimated. we have to have a vision like ronald reagan said, talking about a new dawn for this american economy. >>neil: congressman, you are among those who were brought in, in the republican avalanche that brought in 83 republicans and that tipped the house of representatives to the republicans and made john boehner speaker. you are in a race if your life with an ad everyone is talking about. the fact of the matter is, republicans seem to not have quite that same wind behind their back. they might get it
it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap...
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why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any debate but especially one where the stakes are so high for the country, is to stick to what you want to
why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him...
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Sep 26, 2012
09/12
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CNBC
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means we need to, you know, over the next few years, maybe five to ten years reduce our structural deficit by 1.5 trillion dollars a year. that's a lot of heavy lifting. you know, can we do that? perhaps. but the united states has gotten itself into a corner in terms of high debt level. it may lower real economic growth going forward. >> we didn't even bring up a picture of wimpy, the cartoon character you referred to in the last note. we'll look at the next one coming up shortly. >> thank you. >> certainly europe is a big part of the story again. another massive protest under way in spain. demonstrators railing against deeper austerity cuts. let's go to cnbc's own steve sedgwick in madrid. what's the situation on the ground? >> yeah. on the ground in this part of madrid we are just waiting to see if we see a recurrence of the violent scenes we have seen in the last 24 hours. scenes i have seen too much in greece and basically people are protesting against the kind of austerity that we know has to come if this country will get itself back on its feet. the austerity bill gross was talking a
means we need to, you know, over the next few years, maybe five to ten years reduce our structural deficit by 1.5 trillion dollars a year. that's a lot of heavy lifting. you know, can we do that? perhaps. but the united states has gotten itself into a corner in terms of high debt level. it may lower real economic growth going forward. >> we didn't even bring up a picture of wimpy, the cartoon character you referred to in the last note. we'll look at the next one coming up shortly....
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Oct 1, 2012
10/12
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we got current account deficit and that taps at 3.9%. was at about 4.5%. in the quarter gone by, there was a surplus of close to about $5 billion. and we just got the august trade data out, as well. imported out about 5.1%. and august trade data is more or less in line. on that note, it's back to you again. >> all right. thanks for that. gold a bit of a boost in the run up to qe being launched since -- >> yeah, consolidating. i guess we've seen a pretty positive correlation between qe and pursuing months. so i think we'll see it push higher. as we see the race to the base, it can only be good for the gold price and obviously an even more interesting place, the gold miners. >> i just want to point out this tie isn't because i'm long gold. it's actually because i'm supposed to be matching, see that, this is the -- >> you need to be in a blue tie. >> there's some yellow in there, fwr greg. should have worn a yellow shirt. >> next time. >> not that you should take any fashion advice for me. so what about the reaction to that chinese data? li has the details ou
we got current account deficit and that taps at 3.9%. was at about 4.5%. in the quarter gone by, there was a surplus of close to about $5 billion. and we just got the august trade data out, as well. imported out about 5.1%. and august trade data is more or less in line. on that note, it's back to you again. >> all right. thanks for that. gold a bit of a boost in the run up to qe being launched since -- >> yeah, consolidating. i guess we've seen a pretty positive correlation between...
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and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is. >> reporter: he says debates are often about impressions, not words. they remember gore's sighing and awkward body language and impatient george bush checking his watch. >> who am i? why am i here. >> reporter: and one-liners. >> jack kennedy was a friend of mind. senator, you're no jack kennedy. >> i'm not going to exploit for political purposes, my opponent's youth and inexperience [laughing] >> people translated statements and gestures into insight into a candidate's character. it's all about character. >> reporter: now it is not that voters value style over substance but remember some of
and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is....
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how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from five points last month. let me show you one more graphic. you're going to see florida numbers. similar story there. now a one-point lead for obama. down from four points in september. could, candy, could this debate tonight really, you know, represent romney's best chance to catch fire? >> certainly. and i don't think it's his best chance. i think it's the beginning of his best chance, if that makes sense. i don't think we've seen -- we have seen times when debates have changed things. but there still is a lot of time and two more debates for these guys plus a v
how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from...
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deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were tr
deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a...